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Ethereum dips ahead of ETF verdict, experts bet on Baby Doge Coin and Milei Moneda

1M ago
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Ethereum dips ahead of ETF verdict, experts bet on Baby Doge Coin and Milei Moneda

With Ethereum facing regulatory concerns, crypto experts are turning their attention to alternative investments. On the contrary, Baby Doge Coin (BabyDoge) has caught the interest of many due to the influence of whale investors.

However, it is Milei Moneda ($MEDA) that has garnered excitement from analysts, who see it as a promising investment opportunity thanks to its unique features and explosive growth potential.

But why are experts betting on these tokens? Read on to find out!

Ethereum (ETH) vs. Baby Doge Coin (BabyDoge) 

The price of Ethereum (ETH) dropped as much as 6% over the past week due to concerns that much anticipated ETH exchange-traded funds may face regulatory hurdles for approval in the US. Compounding these worries, the Ethereum Foundation is undergoing a confidential inquiry by an undisclosed government entity, while the U.S. SEC is preparing an assertive legal campaign to classify ether as a security.

In contrast, Baby Doge Coin (BabyDoge) saw its value pump over 100% in the past 30 days, thanks to an estimated $5 million worth of BabyDoge tokens being permanently removed from circulation. Recent data from Power Your Own Research found that the top ten wallets hold approximately 99.7% of the total BabyDoge supply, demonstrating the strong influence of whale investors.

While these top altcoins exhibit divergent price movements, many crypto analysts view Milei Moneda as a far more promising investment opportunity for investors seeking substantial gains on their investments.

Experts excited about Milei Moneda’s potential 

Amidst the recent market uncertainties, experts are rallying behind Milei Moneda, recognizing it as a compelling investment opportunity with the potential for substantial returns. With a democratic Decentralized Autonomous Organization (DAO) fueling its progress, Milei Moneda ($MEDA) stands out as one of the most promising altcoins in the market.

Moreover, Milei Moneda ($MEDA) boasts a carefully managed total supply of 500 million tokens. This deflationary asset, carefully locked away in a liquidity pool, captivates experts who appreciate its scarcity and long-term value preservation. By adopting a strategy that promotes stability, Milei Moneda ($MEDA) solidifies its position as one of the top DeFi projects. 

As the presale unfolds, the price of Milei Moneda ($MEDA) is set at an altcoin price of $0.010 in Stage 1. There will be a gradual increase to $0.0125 in Stage 2 and further to $0.015 in Stage 3. The official launch of $MEDA is set at $0.020 (a 100% increase from the current price), making it an enticing prospect for investors interested in meme coins and seeking potential growth.

Conclusion 

While the uncertainty looming around Ethereum’s ETF prospects has dragged its price lower, experts have redirected their attention to meme coins like Baby Doge Coin (BabyDoge) and Milei Moneda. They believe these tokens offer more upside potential than Ethereum (ETH) if the SEC denies the hotly anticipated ETH ETF.

Curious about $MEDA? Visit the official Milei Moneda website or chat them on Telegram for more details.

The post Ethereum dips ahead of ETF verdict, experts bet on Baby Doge Coin and Milei Moneda appeared first on Invezz

1M ago
bullish:

2

bearish:

0

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